Petrol, diesel prices raised by Rs 2, unlikely to impact consumers

The Union government, on Monday, April 7, increased the excise duty by Rs 2 on petrol and diesel. The move comes amid US President Donald Trump’s new tariffs and fluctuating global oil rates.

As per the latest notification by the Union



Finance Ministry, the said change will come into effect on April 8.

However, the changes will not impact consumers. According to the Petroleum and Natural Gas Ministry, there will be no increase in the retail prices of petrol and diesel.